Advanced LIGO and Advanced Virgo will be all-sky monitors for merging compact objects within a few hundred megaparsecs. Finding the electromagnetic counterparts to these events will require an understanding of the transient sky at low redshift (z < 0.1). We performed a systematic search for extragalactic, low redshift, transient events in the XMM-Newton Slew Survey. In a flux limited sample, we found that highly variable objects comprised 10% of the sample, and that of these, 10% were spatially coincident with cataloged optical galaxies. This led to 4 × 10(exp -4) transients per square degree above a flux threshold of 3×10(exp -12) erg/sq cm/s (0.2-2 keV) which might be confused with LIGO/Virgo counterparts. This represents the first extragalactic measurement of the soft X-ray transient rate within the Advanced LIGO/Virgo horizon. Our search revealed six objects that were spatially coincident with previously cataloged galaxies, lacked evidence for optical active galactic nuclei, displayed high luminosities approx. 10(exp 43) erg/s, and varied in flux by more than a factor of 10 when compared with the ROSAT All-Sky Survey. At least four of these displayed properties consistent with previously observed tidal disruption events.